SANTA CRUZ - WATSONVILLE Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Santa Cruz - Watsonville averaged
4.92%
for the week of 2022-08-04, compared to the national average of
4.99% for the same period.
The average rate for the prior week (2022-07-28) was
5.63% and
one month ago for the week of 2022-06-30, the
average rate was 5.73%.
Santa Cruz - Watsonville's average rate one year ago was 2.67%.
For refis of the same type during the week of 2022-08-04, the average rate
was 5.01%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-08-04 | 4.99% |
| Santa Cruz - Watsonville 30 Year Fixed Rate | 2022-08-04 | 4.92% |
| Santa Cruz - Watsonville 30 Year Fixed Rate Refi | 2022-08-04 | 5.01% |
| Santa Cruz - Watsonville 15 Year Fixed Rate | 2022-08-04 | 4.76% |
| Santa Cruz - Watsonville 15 Year Fixed Rate Refi | 2022-08-04 | 4.11% |
| Santa Cruz - Watsonville 30 Year FHA | 2022-08-04 | 5.31% |
| Santa Cruz - Watsonville 30 Year FHA Refi | 2022-08-04 | 5.15% |
| Santa Cruz - Watsonville 30 Year USDA | 2022-08-04 | 5.03% |
| Santa Cruz - Watsonville 30 Year USDA Refi | 2022-08-04 | 5.96% |
| Santa Cruz - Watsonville 30 Year VA | 2022-08-04 | 5.32% |
| Santa Cruz - Watsonville 30 Year VA Refi | 2022-08-04 | 4.8% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SANTA CRUZ-WATSONVILLE, CA.
SANTA CRUZ - WATSONVILLE Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the SANTA CRUZ-WATSONVILLE, CA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
SANTA CRUZ-WATSONVILLE, CA's 306 lenders originated 13,043
loans during 2021. The total origination value was $7,178,265,000, with an average loan value of
$550,354.
The top SANTA CRUZ - WATSONVILLE lender as defined by loan originations is QUICKEN LOANS, LLC, with
1,162 loans originated. Their average total fees are
$4,805, which is $1,533
lower than the next largest lender,
Flagstar Bank, FSB.
The lowest fee SANTA CRUZ - WATSONVILLE lenders (with over 10 loans originated) are
WINNPOINTE CORPORATION ($809), CHERRY CREEK MORTGAGE, LLC ($1,211), Fremont Bank ($2,097), FREEDOM MORTGAGE CORPORATION ($2,237) and Evolve Bank & Trust ($2,359).
The lowest rate SANTA CRUZ - WATSONVILLE lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB (2.40%), UBS Bank USA (2.65%), WINNPOINTE CORPORATION (2.69%), Ally Bank (2.69%) and AMERISAVE MORTGAGE CORPORATION (2.69%).
SANTA CRUZ-WATSONVILLE, CA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $827,220,000 | $772,285,000 | -6.6% | 10.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $390,605,000 | $517,590,000 | 32.5% | 7.2% |
| Flagstar Bank, FSB | $541,710,000 | $511,920,000 | -5.5% | 7.1% |
| Wells Fargo Bank | $357,385,000 | $405,450,000 | 13.4% | 5.6% |
| JPMorgan Chase Bank | $196,450,000 | $247,885,000 | 26.2% | 3.5% |
| LOANDEPOT.COM, LLC | $140,990,000 | $233,485,000 | 65.6% | 3.3% |
| HOME POINT FINANCIAL CORPORATION | $121,040,000 | $220,230,000 | 81.9% | 3.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $238,210,000 | $210,680,000 | -11.6% | 2.9% |
| GUARANTEED RATE, INC. | $73,725,000 | $179,295,000 | 143.2% | 2.5% |
| Bank of America | $141,875,000 | $179,270,000 | 26.4% | 2.5% |
| BAY | $213,505,000 | $174,220,000 | -18.4% | 2.4% |
| U.S. Bank | $182,050,000 | $149,715,000 | -17.8% | 2.1% |
| MOUNTAIN WEST FINANCIAL, INC. | $123,130,000 | $115,250,000 | -6.4% | 1.6% |
| First Republic Bank | $79,990,000 | $113,010,000 | 41.3% | 1.6% |
| FINANCE OF AMERICA MORTGAGE LLC | $113,555,000 | $101,655,000 | -10.5% | 1.4% |
| BETTER MORTGAGE CORPORATION | $32,705,000 | $96,770,000 | 195.9% | 1.3% |
| ACADEMY MORTGAGE CORPORATION | $68,155,000 | $86,035,000 | 26.2% | 1.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $36,625,000 | $82,400,000 | 125.0% | 1.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $109,170,000 | $77,925,000 | -28.6% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $48,245,000 | $76,660,000 | 58.9% | 1.1% |
| Fremont Bank | $72,205,000 | $74,500,000 | 3.2% | 1.0% |
| MUFG Union Bank | $36,315,000 | $72,575,000 | 99.8% | 1.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $43,465,000 | $69,730,000 | 60.4% | 1.0% |
| GUARANTEED RATE AFFINITY, LLC | $47,465,000 | $61,105,000 | 28.7% | 0.9% |
| STEARNS LENDING, LLC | $122,490,000 | $59,980,000 | -51.0% | 0.8% |
| Commerce Home Mortgage, Inc. | $78,095,000 | $59,195,000 | -24.2% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $46,360,000 | $57,985,000 | 25.1% | 0.8% |
| BAY EQUITY LLC | $72,605,000 | $52,175,000 | -28.1% | 0.7% |
| Morgan Stanley Private Bank | $36,375,000 | $51,285,000 | 41.0% | 0.7% |
| Charles Schwab Bank, SSB | $36,790,000 | $50,175,000 | 36.4% | 0.7% |
| FINANCE OF AMERICA REVERSE LLC | $12,595,000 | $47,770,000 | 279.3% | 0.7% |
| Paramount Residential Mortgage Group, Inc. | $70,425,000 | $46,380,000 | -34.1% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $42,260,000 | $46,170,000 | 9.3% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $34,190,000 | $43,735,000 | 27.9% | 0.6% |
| Bank of the West | $45,160,000 | $43,260,000 | -4.2% | 0.6% |
| SUMMIT FUNDING, INC. | $31,860,000 | $42,065,000 | 32.0% | 0.6% |
| PNC Bank | $36,590,000 | $41,910,000 | 14.5% | 0.6% |
| CALIBER HOME LOANS, INC. | $41,815,000 | $39,730,000 | -5.0% | 0.6% |
| Ally Bank | $19,190,000 | $38,855,000 | 102.5% | 0.5% |
| NEWREZ LLC | $28,920,000 | $35,170,000 | 21.6% | 0.5% |
| STAR ONE CREDIT UNION | $39,125,000 | $33,085,000 | -15.4% | 0.5% |
| BROKER SOLUTIONS, INC. | $25,355,000 | $31,255,000 | 23.3% | 0.4% |
| THE GOLDEN 1 | $29,570,000 | $31,100,000 | 5.2% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $22,770,000 | $30,490,000 | 33.9% | 0.4% |
| ON Q FINANCIAL, INC. | $48,980,000 | $29,275,000 | -40.2% | 0.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $22,005,000 | $29,025,000 | 31.9% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $47,130,000 | $28,245,000 | -40.1% | 0.4% |
| ENVOY MORTGAGE, LTD | $5,355,000 | $27,865,000 | 420.4% | 0.4% |
| UBS Bank USA | $17,940,000 | $27,400,000 | 52.7% | 0.4% |
| LENDUS, LLC | $20,010,000 | $25,635,000 | 28.1% | 0.4% |
| GUILD MORTGAGE COMPANY | $23,180,000 | $24,900,000 | 7.4% | 0.3% |
| Comerica Bank | $25,205,000 | $24,335,000 | -3.5% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $20,005,000 | $23,020,000 | 15.1% | 0.3% |
| CELEBRITY HOME LOANS, LLC | $27,870,000 | $20,280,000 | -27.2% | 0.3% |
| PATELCO | $15,315,000 | $20,255,000 | 32.3% | 0.3% |
| Evolve Bank & Trust | $2,055,000 | $19,390,000 | 843.6% | 0.3% |
| General Mortgage Capital Corporation | $15,900,000 | $18,930,000 | 19.1% | 0.3% |
| WINNPOINTE CORPORATION | $18,450,000 | $18,760,000 | 1.7% | 0.3% |
| PRUDENTIAL MULTIFAMILY MORTGAGE, LLC | $18,755,000 | n/a | 0.3% | |
| Luther Burbank Savings | $4,280,000 | $18,585,000 | 334.2% | 0.3% |
| S1L, Inc. | $9,925,000 | $18,175,000 | 83.1% | 0.3% |
| SEA WEST COAST GUARD FEDERAL CREDIT UNION | $18,785,000 | $16,675,000 | -11.2% | 0.2% |
| PLANET HOME LENDING, LLC | $23,505,000 | $16,570,000 | -29.5% | 0.2% |
| HighTechLending Inc | $16,505,000 | $16,550,000 | 0.3% | 0.2% |
| Provident Credit Union | $15,165,000 | $16,035,000 | 5.7% | 0.2% |
| Strong Home Mortgage, LLC | $12,155,000 | $14,000,000 | 15.2% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $21,430,000 | $13,810,000 | -35.6% | 0.2% |
| Prosperity Home Mortgage, LLC | $11,425,000 | $13,590,000 | 18.9% | 0.2% |
| PARKSIDE LENDING, LLC | $21,335,000 | $13,500,000 | -36.7% | 0.2% |
| Sierra Pacific Mortgage Company, Inc. | $60,070,000 | $13,380,000 | -77.7% | 0.2% |
| Citibank | $91,390,000 | $13,245,000 | -85.5% | 0.2% |
| GOOGAIN, INC. | $20,210,000 | $13,160,000 | -34.9% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $15,455,000 | $13,045,000 | -15.6% | 0.2% |
| NETWORK CAPITAL FUNDING CORPORATION | $19,230,000 | $12,830,000 | -33.3% | 0.2% |
| Umpqua Bank | $5,290,000 | $12,730,000 | 140.6% | 0.2% |
| Silicon Valley Bank | $7,970,000 | $12,555,000 | 57.5% | 0.2% |
| Watermark Capital, Inc. | $14,080,000 | $12,210,000 | -13.3% | 0.2% |
| JMAC LENDING, INC. | $12,375,000 | $12,125,000 | -2.0% | 0.2% |
| AMWEST FUNDING CORP. | $7,700,000 | $12,010,000 | 56.0% | 0.2% |
| TECHNOLOGY | $7,240,000 | $11,670,000 | 61.2% | 0.2% |
| STANFORD Federal Credit Union | $14,340,000 | $11,625,000 | -18.9% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $15,110,000 | $11,570,000 | -23.4% | 0.2% |
| NBKC BANK | $8,735,000 | $11,410,000 | 30.6% | 0.2% |
| A&D Mortgage LLC | $11,595,000 | $11,085,000 | -4.4% | 0.2% |
| AMERICAN ADVISORS GROUP | $8,590,000 | $10,715,000 | 24.7% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $11,400,000 | $10,510,000 | -7.8% | 0.1% |
| LADERA LENDING, INC. | $14,315,000 | $10,410,000 | -27.3% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $6,475,000 | $10,165,000 | 57.0% | 0.1% |
| TIAA, FSB | $6,730,000 | $9,930,000 | 47.5% | 0.1% |
| PREMIER LENDING, INC. | $9,735,000 | $9,905,000 | 1.7% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $3,300,000 | $9,800,000 | 197.0% | 0.1% |
| IMPAC MORTGAGE CORP. | $10,575,000 | $9,700,000 | -8.3% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $7,935,000 | $9,670,000 | 21.9% | 0.1% |
| DATA MORTGAGE, INC. | $12,800,000 | $9,605,000 | -25.0% | 0.1% |
| Mortgage Research Center, LLC | $8,755,000 | $9,590,000 | 9.5% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $2,820,000 | $9,220,000 | 227.0% | 0.1% |
| CMG MORTGAGE, INC. | $20,430,000 | $8,815,000 | -56.9% | 0.1% |
| NEXERA HOLDING LLC | $5,275,000 | $8,795,000 | 66.7% | 0.1% |
| MERIWEST MORTGAGE COMPANY, LLC | $10,340,000 | $8,745,000 | -15.4% | 0.1% |
| InterContinental Capital Group, Inc | $2,380,000 | $8,700,000 | 265.5% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $3,995,000 | $8,420,000 | 110.8% | 0.1% |
| Cf Bank | $4,455,000 | $8,295,000 | 86.2% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $2,390,000 | $8,090,000 | 238.5% | 0.1% |
| 5TH STREET CAPITAL, INC. | $1,165,000 | $7,980,000 | 585.0% | 0.1% |
| KeyBank | $152,365,000 | $7,940,000 | -94.8% | 0.1% |
| ARC HOME LLC | $3,065,000 | $7,835,000 | 155.6% | 0.1% |
| KEYPOINT | $4,365,000 | $7,570,000 | 73.4% | 0.1% |
| EVERETT FINANCIAL, INC. | $59,105,000 | $7,350,000 | -87.6% | 0.1% |
| DIGNIFIED HOME LOANS, LLC | $4,895,000 | $7,330,000 | 49.7% | 0.1% |
| MEGA CAPITAL FUNDING, INC. | $33,940,000 | $7,330,000 | -78.4% | 0.1% |
| GENEVA FINANCIAL, LLC | $6,545,000 | $7,170,000 | 9.5% | 0.1% |
| City National Bank | $5,765,000 | $7,070,000 | 22.6% | 0.1% |
| Citadel Servicing Corporation | $3,540,000 | $7,005,000 | 97.9% | 0.1% |
| LANDED HOME LOANS LLC | $7,005,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $1,160,000 | $6,965,000 | 500.4% | 0.1% |
| PHH Mortgage Corporation | $4,280,000 | $6,965,000 | 62.7% | 0.1% |
| SOFI LENDING CORP. | $4,660,000 | $6,915,000 | 48.4% | 0.1% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $755,000 | $6,805,000 | 801.3% | 0.1% |
| LENDSURE MORTGAGE CORP. | $980,000 | $6,645,000 | 578.1% | 0.1% |
| The Federal Savings Bank | $7,545,000 | $6,340,000 | -16.0% | 0.1% |
| ONY GLO, INC. | $10,780,000 | $6,075,000 | -43.6% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $7,550,000 | $6,025,000 | -20.2% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $7,715,000 | $5,945,000 | -22.9% | 0.1% |
| FirstBank | $5,395,000 | $5,795,000 | 7.4% | 0.1% |
| Truist Bank | $2,720,000 | $5,675,000 | 108.6% | 0.1% |
| ALLIANT CREDIT UNION | $5,075,000 | $5,660,000 | 11.5% | 0.1% |
| BM Real Estate Services, Inc. | $3,975,000 | $5,435,000 | 36.7% | 0.1% |
| FIRST TECHNOLOGY | $11,350,000 | $5,430,000 | -52.2% | 0.1% |
| North American Savings Bank, F.S.B. | $6,560,000 | $5,400,000 | -17.7% | 0.1% |
| Cathay Bank | $2,900,000 | $5,115,000 | 76.4% | 0.1% |
| Mechanics Bank | $2,995,000 | $5,040,000 | 68.3% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $7,060,000 | $4,955,000 | -29.8% | 0.1% |
| CIT Bank | $8,140,000 | $4,905,000 | -39.7% | 0.1% |
| Golden Empire Mortgage, Inc. | $5,590,000 | $4,905,000 | -12.3% | 0.1% |
| The Loan Store, Inc. | $4,815,000 | $4,830,000 | 0.3% | 0.1% |
| Axos Bank | $10,200,000 | $4,770,000 | -53.2% | 0.1% |
| OCMBC, INC. | $4,230,000 | $4,730,000 | 11.8% | 0.1% |
| Tri Counties Bank | $1,210,000 | $4,650,000 | 284.3% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $4,650,000 | $4,540,000 | -2.4% | 0.1% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $2,630,000 | $4,460,000 | 69.6% | 0.1% |
| MERIWEST | $2,425,000 | $4,415,000 | 82.1% | 0.1% |
| ZILLOW HOME LOANS, LLC | $3,685,000 | $4,395,000 | 19.3% | 0.1% |
| Amerifirst Financial, Inc. | $3,910,000 | $4,095,000 | 4.7% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $3,340,000 | $4,090,000 | 22.5% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $5,800,000 | $4,085,000 | -29.6% | 0.1% |
| Arvest Bank | $1,245,000 | $4,065,000 | 226.5% | 0.1% |
| SANTA CLARA COUNTY | $1,990,000 | $3,990,000 | 100.5% | 0.1% |
| CANOPY MORTGAGE, LLC | $800,000 | $3,955,000 | 394.4% | 0.1% |
| First Savings Bank | $8,630,000 | $3,955,000 | -54.2% | 0.1% |
| Lakeview Community Capital, LLC | $535,000 | $3,950,000 | 638.3% | 0.1% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $395,000 | $3,920,000 | 892.4% | 0.1% |
| San Mateo Credit Union | $1,295,000 | $3,890,000 | 200.4% | 0.1% |
| BBVA USA | $6,390,000 | $3,865,000 | -39.5% | 0.1% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $1,875,000 | $3,830,000 | 104.3% | 0.1% |
| LENDERFI, INC. | $2,195,000 | $3,665,000 | 67.0% | 0.1% |
| ANGEL OAK HOME LOANS LLC | $505,000 | $3,615,000 | 615.8% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $3,420,000 | $3,565,000 | 4.2% | 0.0% |
| Pacific Premier Bank | $3,560,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $950,000 | $3,510,000 | 269.5% | 0.0% |
| LOANSNAP, INC. | $2,185,000 | $3,430,000 | 57.0% | 0.0% |
| Firefighters First Federal Credit Union | $1,810,000 | $3,385,000 | 87.0% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $5,630,000 | $3,350,000 | -40.5% | 0.0% |
| Carrington Mortgage Services, LLC | $6,760,000 | $3,330,000 | -50.7% | 0.0% |
| HOME APPROVALS DIRECT, INC. | $1,800,000 | $3,325,000 | 84.7% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $3,235,000 | $3,310,000 | 2.3% | 0.0% |
| CENTRAL COAST LENDING, INC. | $355,000 | $3,270,000 | 821.1% | 0.0% |
| NexBank | $1,895,000 | $3,170,000 | 67.3% | 0.0% |
| Alaska USA Federal Credit Union | $2,485,000 | $3,135,000 | 26.2% | 0.0% |
| PACIFIC SERVICE | $6,180,000 | $3,090,000 | -50.0% | 0.0% |
| Nations Lending Corporation | $2,485,000 | $3,085,000 | 24.1% | 0.0% |
| EMBRACE HOME LOANS, INC. | $970,000 | $3,060,000 | 215.5% | 0.0% |
| PremierOne Credit Union | $1,015,000 | $3,015,000 | 197.0% | 0.0% |
| First Foundation Bank | $32,955,000 | $3,005,000 | -90.9% | 0.0% |
| First Guaranty Mortgage Corporation | $4,935,000 | $2,960,000 | -40.0% | 0.0% |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $2,955,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $4,720,000 | $2,865,000 | -39.3% | 0.0% |
| Zions Bancorporation, N.A. | $1,005,000 | $2,855,000 | 184.1% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $850,000 | $2,825,000 | 232.4% | 0.0% |
| Florida Capital Bank | $2,320,000 | $2,815,000 | 21.3% | 0.0% |
| INTELLILOAN, INC. | $1,785,000 | $2,810,000 | 57.4% | 0.0% |
| Kwik Mortgage Corporation | $2,275,000 | $2,730,000 | 20.0% | 0.0% |
| KINECTA | $330,000 | $2,720,000 | 724.2% | 0.0% |
| NEW DAY FINANCIAL, LLC | $3,900,000 | $2,695,000 | -30.9% | 0.0% |
| Prime Choice Funding Inc. | $3,360,000 | $2,690,000 | -19.9% | 0.0% |
| Luxury Mortgage Corp. | $705,000 | $2,665,000 | 278.0% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $2,655,000 | n/a | 0.0% | |
| NMSI, INC. | $4,195,000 | $2,645,000 | -36.9% | 0.0% |
| Ameris Bank | $2,090,000 | $2,595,000 | 24.2% | 0.0% |
| Murphy Bank | $1,020,000 | $2,595,000 | 154.4% | 0.0% |
| AMERICAN FINANCING CORPORATION | $1,630,000 | $2,505,000 | 53.7% | 0.0% |
| FISHER FINANCIAL GROUP, INCORPORATED | $1,770,000 | $2,495,000 | 41.0% | 0.0% |
| SPRING EQ, LLC | $2,030,000 | $2,495,000 | 22.9% | 0.0% |
| HomeTrust Bank | $475,000 | $2,460,000 | 417.9% | 0.0% |
| SCHOOLSFIRST | $905,000 | $2,460,000 | 171.8% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $5,165,000 | $2,365,000 | -54.2% | 0.0% |
| Stifel Bank and Trust | $3,035,000 | $2,330,000 | -23.2% | 0.0% |
| USAA Federal Savings Bank | $10,380,000 | $2,325,000 | -77.6% | 0.0% |
| Franklin Loan Corporation | $625,000 | $2,315,000 | 270.4% | 0.0% |
| BNY Mellon | $2,300,000 | n/a | 0.0% | |
| Northpointe Bank | $6,590,000 | $2,275,000 | -65.5% | 0.0% |
| FBC MORTGAGE, LLC | $4,035,000 | $2,260,000 | -44.0% | 0.0% |
| AmeriHome Mortgage Company, LLC | $2,680,000 | $2,210,000 | -17.5% | 0.0% |
| REDWOOD | $140,000 | $2,210,000 | 1,478.6% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $3,045,000 | $2,190,000 | -28.1% | 0.0% |
| HomeStreet Bank | $745,000 | $2,175,000 | 191.9% | 0.0% |
| VERITAS FUNDING, LLC | $2,155,000 | n/a | 0.0% | |
| F&A Federal Credit Union | $2,115,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $920,000 | $2,070,000 | 125.0% | 0.0% |
| GEORGIA'S OWN | $2,050,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $3,870,000 | $2,025,000 | -47.7% | 0.0% |
| Citizens Bank | $1,560,000 | $2,005,000 | 28.5% | 0.0% |
| Discover Bank | $625,000 | $1,990,000 | 218.4% | 0.0% |
| MORIA DEVELOPMENT, INC. | $640,000 | $1,975,000 | 208.6% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $900,000 | $1,975,000 | 119.4% | 0.0% |
| ALAMEDA MORTGAGE CORPORATION | $2,820,000 | $1,925,000 | -31.7% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $1,300,000 | $1,890,000 | 45.4% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $870,000 | $1,875,000 | 115.5% | 0.0% |
| MACKILLIE INCORPORATED | $1,430,000 | $1,845,000 | 29.0% | 0.0% |
| LOANPAL, LLC | $2,700,000 | $1,830,000 | -32.2% | 0.0% |
| AMERICAN FIRST | $1,805,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $2,985,000 | $1,805,000 | -39.5% | 0.0% |
| 21ST MORTGAGE CORPORATION | $940,000 | $1,770,000 | 88.3% | 0.0% |
| Equity Prime Mortgage LLC | $1,100,000 | $1,765,000 | 60.5% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $1,285,000 | $1,760,000 | 37.0% | 0.0% |
| AHL FUNDING | $515,000 | $1,750,000 | 239.8% | 0.0% |
| SAN FRANCISCO FIRE CREDIT UNION | $4,890,000 | $1,745,000 | -64.3% | 0.0% |
| ADVANCIAL | $1,230,000 | $1,725,000 | 40.2% | 0.0% |
| Farmers & Merchants Bank of Central California | $1,705,000 | n/a | 0.0% | |
| CIVIC FINANCIAL SERVICES, LLC | $780,000 | $1,670,000 | 114.1% | 0.0% |
| CLEARPATH LENDING | $1,080,000 | $1,645,000 | 52.3% | 0.0% |
| Bank of England | $1,485,000 | $1,610,000 | 8.4% | 0.0% |
| Figure Lending LLC | $820,000 | $1,570,000 | 91.5% | 0.0% |
| AUGUSTA FINANCIAL, INC. | $765,000 | $1,530,000 | 100.0% | 0.0% |
| NATIONWIDE EQUITIES CORPORATION | $475,000 | $1,530,000 | 222.1% | 0.0% |
| ATHAS CAPITAL GROUP, INC. | $1,090,000 | $1,520,000 | 39.4% | 0.0% |
| PREMIER AMERICA | $1,440,000 | n/a | 0.0% | |
| TRAVIS CREDIT UNION | $745,000 | $1,440,000 | 93.3% | 0.0% |
| WESTERN EXPRESS LENDING | $1,430,000 | $1,430,000 | 0.0% | 0.0% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $1,420,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP. | $1,415,000 | n/a | 0.0% | |
| KINGS MORTGAGE SERVICES, INC. | $1,395,000 | n/a | 0.0% | |
| LOANFLIGHT LENDING, LLC | $1,460,000 | $1,350,000 | -7.5% | 0.0% |
| BMO Harris Bank | $1,335,000 | n/a | 0.0% | |
| BNC National Bank | $5,845,000 | $1,335,000 | -77.2% | 0.0% |
| INTERCAP LENDING INC. | $1,310,000 | n/a | 0.0% | |
| Merchants Bank of Indiana | $2,125,000 | $1,310,000 | -38.4% | 0.0% |
| Hometown Lenders, Inc. | $1,290,000 | n/a | 0.0% | |
| Community West Bank | $1,225,000 | $1,270,000 | 3.7% | 0.0% |
| MEGASTAR FINANCIAL CORP. | $1,245,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $405,000 | $1,170,000 | 188.9% | 0.0% |
| PRIVATE MORTGAGE ADVISORS, LLC | $7,155,000 | $1,165,000 | -83.7% | 0.0% |
| The Central Trust Bank | $1,160,000 | n/a | 0.0% | |
| FUNDLOANS CAPITAL | $1,125,000 | n/a | 0.0% | |
| Monterey Credit Union | $115,000 | $1,110,000 | 865.2% | 0.0% |
| NEW WAVE LENDING GROUP INC | $1,110,000 | n/a | 0.0% | |
| SNAPFI, INC. | $2,810,000 | $1,110,000 | -60.5% | 0.0% |
| KELLER MORTGAGE, LLC | $1,830,000 | $1,105,000 | -39.6% | 0.0% |
| Financial Partners Credit Union | $515,000 | $1,100,000 | 113.6% | 0.0% |
| SCENIC OAKS FUNDING, INC. | $725,000 | $1,090,000 | 50.3% | 0.0% |
| SUMMIT MORTGAGE BANKERS INC. | $1,285,000 | $1,055,000 | -17.9% | 0.0% |
| BKCO MORTGAGE, LLC | $1,050,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $650,000 | $1,040,000 | 60.0% | 0.0% |
| Raymond James Bank | $2,020,000 | $1,020,000 | -49.5% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $1,010,000 | n/a | 0.0% | |
| SAN DIEGO COUNTY CREDIT UNION | $1,005,000 | n/a | 0.0% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $995,000 | n/a | 0.0% | |
| Reliant Bank | $995,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $6,745,000 | $990,000 | -85.3% | 0.0% |
| LOGIX FEDERAL CREDIT UNION | $410,000 | $985,000 | 140.2% | 0.0% |
| SAFE CREDIT UNION | $495,000 | $985,000 | 99.0% | 0.0% |
| American Airlines Federal Credit Union | $975,000 | n/a | 0.0% | |
| MORTGAGEONE, INC. | $960,000 | n/a | 0.0% | |
| Financial Funding Solutions, Inc. | $1,150,000 | $955,000 | -17.0% | 0.0% |
| PLUS RELOCATION MORTGAGE, LLC | $955,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $5,245,000 | $925,000 | -82.4% | 0.0% |
| Provident Savings Bank, F.S.B. | $925,000 | n/a | 0.0% | |
| Baxter Credit Union | $920,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $1,710,000 | $900,000 | -47.4% | 0.0% |
| Toyota Financial Savings Bank | $1,985,000 | $885,000 | -55.4% | 0.0% |
| TRUWEST Credit Union | $875,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $1,940,000 | $870,000 | -55.2% | 0.0% |
| Boston Private Bank & Trust Company | $1,145,000 | $855,000 | -25.3% | 0.0% |
| V.I.P. MORTGAGE, INC. | $585,000 | $850,000 | 45.3% | 0.0% |
| Hometown Equity Mortgage, LLC | $2,385,000 | $840,000 | -64.8% | 0.0% |
| Operating Engineers Local Union #3 | $545,000 | $840,000 | 54.1% | 0.0% |
| TOWNE MORTGAGE COMPANY | $1,455,000 | $830,000 | -43.0% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,005,000 | $825,000 | -17.9% | 0.0% |
| First Internet Bank of Indiana | $2,205,000 | $825,000 | -62.6% | 0.0% |
| PREMIA MORTGAGE, LLC | $825,000 | n/a | 0.0% | |
| Boeing Employees Credit Union | $820,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $710,000 | $815,000 | 14.8% | 0.0% |
| EXCITE Credit Union | $855,000 | $805,000 | -5.8% | 0.0% |
| UNCLE Credit Union | $805,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $785,000 | n/a | 0.0% | |
| Bell Bank | $155,000 | $780,000 | 403.2% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $870,000 | $775,000 | -10.9% | 0.0% |
| First Western Trust Bank | $1,465,000 | $755,000 | -48.5% | 0.0% |
| First Bank | $2,090,000 | $750,000 | -64.1% | 0.0% |
| MK LENDING CORP. | $750,000 | n/a | 0.0% | |
| TOTAL MORTGAGE SERVICES, LLC | $735,000 | n/a | 0.0% | |
| Low VA Rates, LLC | $1,225,000 | $725,000 | -40.8% | 0.0% |
| BELEM SERVICING LLC | $720,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $715,000 | n/a | 0.0% | |
| FINANCE OF AMERICA COMMERCIAL LLC | $715,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $705,000 | n/a | 0.0% | |
| First Mortgage Solutions, LLC | $2,385,000 | $700,000 | -70.6% | 0.0% |
| TJC Mortgage, Inc. | $1,110,000 | $690,000 | -37.8% | 0.0% |
| TCF National Bank | $8,315,000 | $680,000 | -91.8% | 0.0% |
| CALCULATED RISK ANALYTICS LLC | $1,405,000 | $675,000 | -52.0% | 0.0% |
| CHU & ASSOCIATES, INC. | $665,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $665,000 | n/a | 0.0% | |
| BNB FINANCIAL INC. | $1,120,000 | $655,000 | -41.5% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $640,000 | n/a | 0.0% | |
| Platinum Home Mortgage Corporation | $640,000 | n/a | 0.0% | |
| LENDINGHOME FUNDING CORPORATION | $615,000 | n/a | 0.0% | |
| CHEVRON | $870,000 | $610,000 | -29.9% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $605,000 | n/a | 0.0% | |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $1,415,000 | $605,000 | -57.2% | 0.0% |
| Pinnacle Bank | $605,000 | n/a | 0.0% | |
| ALTURA | $595,000 | n/a | 0.0% | |
| NFM, INC. | $765,000 | $595,000 | -22.2% | 0.0% |
| Princeton Mortgage Corporation | $595,000 | n/a | 0.0% | |
| Credit Union of Southern California | $575,000 | n/a | 0.0% | |
| DEL SUR CORPORATION | $535,000 | $575,000 | 7.5% | 0.0% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $780,000 | $570,000 | -26.9% | 0.0% |
| KBHS HOME LOANS, LLC | $515,000 | $555,000 | 7.8% | 0.0% |
| AMCAP MORTGAGE, LTD. | $545,000 | n/a | 0.0% | |
| EMM LOANS LLC | $475,000 | $545,000 | 14.7% | 0.0% |
| INSPIRE HOME LOANS INC. | $545,000 | n/a | 0.0% | |
| INTERNATIONAL CITY MORTGAGE, INC. | $545,000 | n/a | 0.0% | |
| SESLOC | $545,000 | n/a | 0.0% | |
| Wheatland Bank | $545,000 | n/a | 0.0% | |
| FIDELITY BANK | $535,000 | n/a | 0.0% | |
| Fifth Third Bank | $1,000,000 | $535,000 | -46.5% | 0.0% |
| MID-VALLEY SERVICES, INC. | $860,000 | $535,000 | -37.8% | 0.0% |
| UNITED NORTHERN MORTGAGE BANKERS LIMITED | $515,000 | $535,000 | 3.9% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $520,000 | n/a | 0.0% | |
| COASTAL FUNDING SLC, INC. | $415,000 | $515,000 | 24.1% | 0.0% |
| LOANLEADERS OF AMERICA, INC. | $950,000 | $515,000 | -45.8% | 0.0% |
| Chickasaw Community Bank | $505,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $505,000 | n/a | 0.0% | |
| MORTGAGE 2000, INC. | $505,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $600,000 | $505,000 | -15.8% | 0.0% |
| WESTCOAST MORTGAGE GROUP AND REALTY COMPANY | $505,000 | n/a | 0.0% | |
| FAY SERVICING, LLC | $305,000 | $495,000 | 62.3% | 0.0% |
| AXIA FINANCIAL, LLC | $485,000 | n/a | 0.0% | |
| ST FIN CORP | $1,605,000 | $485,000 | -69.8% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $475,000 | n/a | 0.0% | |
| VISION ONE MORTGAGE, INC. | $645,000 | $475,000 | -26.4% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $455,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $1,925,000 | $455,000 | -76.4% | 0.0% |
| RANLIFE, INC. | $435,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $425,000 | n/a | 0.0% | |
| ALL WESTERN MORTGAGE, INC. | $415,000 | n/a | 0.0% | |
| NuVision Federal Credit Union | $415,000 | n/a | 0.0% | |
| FOOTHILL FEDERAL CREDIT UNION | $405,000 | n/a | 0.0% | |
| 1ST RELIANT HOME LOANS, INC. | $900,000 | $395,000 | -56.1% | 0.0% |
| BEST FINANCE CAPITAL, INC. | $395,000 | n/a | 0.0% | |
| FIRST NATIONS HOME FINANCE CORPORATION | $395,000 | n/a | 0.0% | |
| UIF CORPORATION | $485,000 | $385,000 | -20.6% | 0.0% |
| GREAT LAKES | $565,000 | $380,000 | -32.7% | 0.0% |
| Manufacturers and Traders Trust Company | $545,000 | $375,000 | -31.2% | 0.0% |
| GRANDE HOMES, INC. | $625,000 | $365,000 | -41.6% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $790,000 | $360,000 | -54.4% | 0.0% |
| Cornerstone First Mortgage, Inc | $1,880,000 | $355,000 | -81.1% | 0.0% |
| WESCOM CENTRAL CREDIT UNION | $330,000 | n/a | 0.0% | |
| Sterling Bank and Trust, FSB | $1,035,000 | $325,000 | -68.6% | 0.0% |
| UNITED SECURITY FINANCIAL CORP | $325,000 | n/a | 0.0% | |
| AMERIFIRST FINANCIAL CORPORATION | $305,000 | n/a | 0.0% | |
| UNIVERSITY CREDIT UNION | $305,000 | n/a | 0.0% | |
| LANTZMAN MANAGEMENT, INC. | $1,205,000 | $285,000 | -76.3% | 0.0% |
| MLD MORTGAGE INC. | $295,000 | $285,000 | -3.4% | 0.0% |
| CASTLE & COOKE MORTGAGE, LLC | $265,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $255,000 | n/a | 0.0% | |
| INFINITY EQUITY GROUP, INC. | $255,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $225,000 | n/a | 0.0% | |
| Fidelity Bank | $215,000 | n/a | 0.0% | |
| First Home Bank | $215,000 | n/a | 0.0% | |
| HANSCOM | $205,000 | n/a | 0.0% | |
| THE POLICE Credit Union | $1,465,000 | $205,000 | -86.0% | 0.0% |
| CITIZENS EQUITY FIRST | $305,000 | $200,000 | -34.4% | 0.0% |
| Republic Bank & Trust Company | $195,000 | n/a | 0.0% | |
| Servion, Inc. | $1,060,000 | $195,000 | -81.6% | 0.0% |
| BLUELEAF LENDING, LLC | $165,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $745,000 | $155,000 | -79.2% | 0.0% |
| COASTHILLS | $135,000 | n/a | 0.0% | |
| FIRST ENTERTAINMENT | $125,000 | n/a | 0.0% | |
| ORANGE COUNTY'S CREDIT UNION | $785,000 | $125,000 | -84.1% | 0.0% |
| Quontic Bank | $125,000 | n/a | 0.0% | |
| CITYWIDE HOME LOANS, LLC | $395,000 | $105,000 | -73.4% | 0.0% |
| The Huntington National Bank | $95,000 | n/a | 0.0% | |
| CommonWealth Central Credit Union | $55,000 | n/a | 0.0% | |
| COMMUNITY FIRST CREDIT UNION | $55,000 | n/a | 0.0% | |
| Educational Employees Credit Union | $55,000 | n/a | 0.0% |
SANTA CRUZ - WATSONVILLE's top lender by overall market share is QUICKEN LOANS, LLC, with 10.8% market share. In second place, with 7.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $517,590,000 in loans. In third place, with 7.1%, is Flagstar Bank, FSB, having originated $511,920,000 in loans. In third place, with 5.6%, is Wells Fargo Bank, having originated $405,450,000 in loans. In third place, with 3.5%, is JPMorgan Chase Bank, having originated $247,885,000 in loans.
SANTA CRUZ-WATSONVILLE, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 6,478 | $3,346,070,000 | $516,528 |
| Cash Out Refi | 3,188 | $1,656,170,000 | $519,501 |
| Home Purchase | 2,389 | $1,867,325,000 | $781,635 |
| Home Improvement | 562 | $114,100,000 | $203,025 |
| Other | 422 | $191,830,000 | $454,573 |
| NA | 4 | $2,770,000 | $692,500 |
Santa Cruz - Watsonville's most frequently cited loan purpose was Refi, with 6,478 originations. The 2nd most popular reason was Cash Out Refi, with 3,188 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 6,355 | $3,535,635,000 | $556,355 |
| 3-4% | 3,570 | $2,128,190,000 | $596,132 |
| <2.5% | 2,543 | $1,283,715,000 | $504,803 |
| 4-5% | 317 | $124,265,000 | $392,003 |
| 5-6% | 153 | $57,275,000 | $374,346 |
| 6-7% | 51 | $26,045,000 | $510,686 |
| 7-8% | 19 | $6,785,000 | $357,105 |
| Over 8% | 12 | $5,000,000 | $416,667 |
During 2021, Santa Cruz - Watsonville's most frequently originated rate bucket was 2.5-3%, with 6,355 originations.
Loan Sizing (SANTA CRUZ-WATSONVILLE, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $400k-600k | 3,924 | $1,950,560,000 | $497,085 |
| $600k-1000k | 3,550 | $2,659,190,000 | $749,068 |
| $200k-400k | 3,494 | $1,062,990,000 | $304,233 |
| $Over $1MM | 928 | $1,356,260,000 | $1,461,487 |
| $100k-200k | 888 | $132,000,000 | $148,649 |
| $100,000 or less | 259 | $17,265,000 | $66,660 |
SANTA CRUZ - WATSONVILLE's loan sizing saw the bucket of loans from $400k-600k with 3,924 originations, totaling $1,950,560,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 40-60% | 4,171 | $2,292,225,000 | $549,562 |
| 60-80% | 3,387 | $2,529,935,000 | $746,955 |
| 20-40% | 2,873 | $1,099,435,000 | $382,678 |
| 80-100% | 1,239 | $966,605,000 | $780,149 |
| Under 20% | 1,211 | $213,425,000 | $176,239 |
| Over 100% | 14 | $11,700,000 | $835,714 |
SANTA CRUZ - WATSONVILLE's loan sizing saw loans grouped in the 40-60% Loan-to-value bucket with 4,171 originations, totaling $2,292,225,000 in origination value.
